BUSINESSMARKETWATCH
Bessent defends Warsh, saying markets are going through ‘detox’ from too much Fed guidance
Bessent defends Warsh, arguing markets are experiencing a 'detox' from excessive Federal Reserve guidance. The Treasury secretary questions the necessity of an interest-rate increase.
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Adjacent reporting
- Bessent sees 'substantial disinflation' ahead as Warsh takes over the Fed
- Treasury Market Is Telling Kevin Warsh Rates Need to Be Higher
- Warsh’s push to axe Fed guidance may lift US borrowing costs, investors warn
- Warsh's gamble: A quieter Federal Reserve could mean volatile markets, higher rates
- Bessent Has Limited Options to Halt Climb in Treasury Yields
- Warsh’s gamble: A quieter Federal Reserve could mean volatile markets, higher rates